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Lifetime Networks Acquires ParentsClick Network For About $10 Million; First Digital Acquisition Similar
Update: We found out the sale price: it is about $10 million, our sources say. Original post: Lifetime Networks' digital push continues with its first acquisition—picking up privately held ParentsClick Network, both for its technology and its content. With it, Lifetime now is a player in the parenting and moms online category. The company started as MothersClick in 2006 and since then expanded into other sites as well. The sites include MothersClick.com, which provides tools to find or start groups and share info, and MomBlogNetwork.com, a content aggregator and promoter with more than 2,500...Feed: paidContent.org
Take-Two and Electronic Arts sign confidentiality agreement, but I’m still skeptical Similar
Filed under: Deals, Electronic Arts (ERTS) Shares of Take-Two Interactive (NASDAQ: TTWO) are up about 3% today after the company disclosed that it has entered into a confidentiality agreement with Electronic Arts (NASDAQ: ERTS), in a sign that a deal might get done after all. Last week, Electronic Arts let its tender offer expire but said [...]Feed: money news blog
Earnings: TiVo Q2 Revs Up 4.1 Percent; Books A Profit, But Still Sees More Losses Ahead Similar
TiVo (NSDQ: TIVO) looks like it wrung decent numbers out of a mixed quarter… Revenue for the quarter was up 4.1 percent to $65.2 million, compared to $62.65 million in the year ago quarter. However excluding hardware, the service and technology portion of revenue fell to $53.5 million from $56.5 million. Analysts had been looking for $55.3 million, so this number is on the light side. Positively, it does say it had $10.6 million in adjusted EBITDA and $2.9 million in net income, which it attributed to higher hardware margins and a pull back in marketing costs. The pullback in SAC is actually...Feed: paidContent.org
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